BofA downgrades Smithfield Foods to Neutral as pork market weakens (SFD:NASDAQ)

· seekingalpha.com

Bank of America downgrades Smithfield Foods (SFD) to Neutral, cuts PT to $21 on weaker pork markets and margins.

Bank of America downgraded Smithfield Foods (SFD) to neutral from buy and cut its price objective to $21 from $25, citing worsening pork market conditions and w...


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